On or about June 5, 2018, the Fund will be liquidating its portfolio assets. This will cause the Fund to increase its cash holdings and deviate from the investment objective and strategies stated in the Fund’s prospectus.
On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all remaining shareholders. These distributions are taxable events. In addition, these payments to shareholders will include accrued capital gains and dividends, if any. As calculated on the Liquidation Date, the Fund’s net asset value will reflect the costs of closing the Fund. Once the distributions are complete, the Fund will terminate.
For additional information, please call 1-844-REX-1414 or visit www.rexetf.com.
Carefully consider the Funds’ investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s summary and full prospectuses, which may be obtained by calling 1-844-REX-1414. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal.
Exchange Traded Concepts, LLC serves as the investment advisor and Vident Financial serves as sub-advisor to the fund. The Funds are distributed by SEI Investments Distribution Co. (One Freedom Valley Dr., Oaks, PA 19456), which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
View original content:http://www.prnewswire.com/news-releases/exchange-traded-concepts-to-close-and-liquidate-the-rex-gold-hedged-sp-500-etf-300658532.html
SOURCE Exchange Traded Concepts, LLC
Related Links
http://www.exchangetradedconcepts.com